Homework Answers
Break-even (Cost-Volume-Profit) chart:
It is a graphical representation of the relationship between the
sales, costs, and the related profit or loss at various levels of
units sold.
Items (A to F)
A) Break-even point
B) Operating loss area
C) Total fixed costs
D) Cost line
E) Operating profit area
F) Profit line
Margin of safety
Part A = correct answer is there itself
Part B
Breakeven sales = Fixed cost/Contribution margin ratio
= 1,596,000/(100-70)% (If there is any change in variable cost %, change it properly and calculate accordingly)
= 5, 320, 000
(Sales - Breakeven sales) /Sales = 30%
(Sales - 5,320,000) = 0.30 * Sales
Sales = 7,600,000
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